Chainbase ($C ) has grown by 8.58% in the last 24 hours, despite a decline of 38.62% over the last 30 days. Main reasons:
Listing on Bitrue – Trading for the pair $C /USDT began on Bitrue on August 13, which expanded the coin's availability.
Rotation of altcoins – The Altcoin Season Index on CMC has risen by 22.22% in a day, indicating a capital influx into riskier assets.
Technical rebound – The RSI (14 days) at 41.2 and Fibonacci support at $0.188 have sparked buyer interest.
The Chainbase rally $C is supported by increased liquidity due to listings, favorable dynamics in the altcoin market, and technical purchases at historical support. However, weak MACD convergence and a high volume of locked coins (84%) create risks that require caution.
